fbpx 48134-007: Stepping Up Investments for Growth Acceleration Program (Subprogram 3) | Asian Development Bank

Indonesia: Stepping Up Investments for Growth Acceleration Program (Subprogram 3)

Sovereign (Public) Project | 48134-007 Status: Closed
 
Project Name Stepping Up Investments for Growth Acceleration Program (Subprogram 3)
Project Number 48134-007
Country Indonesia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3670-INO: Stepping Up Investments for Growth Acceleration Program (Subprogram 3)
Ordinary capital resources US$ 500.00 million
Loan: Stepping Up Investments for Growth Acceleration Program (Subprogram 3)
KfW Bankengruppe US$ 239.02 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Industry and trade / Industry and trade sector development

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Investment as a share of GDP increased
Project Outcome
Description of Outcome Public and private sector investments increased
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

More predictable and open business environment

Facilitating private sector participation in the infrastructure market

Faster and more transparent public procurement

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects

The subprogram does not trigger ADB's safeguard policies and is classified

category C for environment, involuntary resettlement, and indigenous peoples.

Involuntary Resettlement

The subprogram does not trigger ADB's safeguard policies and is classified

category C for environment, involuntary resettlement, and indigenous peoples.

Indigenous Peoples

The subprogram does not trigger ADB's safeguard policies and is classified

category C for environment, involuntary resettlement, and indigenous peoples.

Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation A single-tranche release of $500,000,000 was disbursed on 31 August 2018.
Responsible ADB Officer Robert Boothe
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Coordinating Ministry for Economic Affairs also known as Kementerian Koordinator Bidang Perekonomian (KKBP)
[email protected]
2nd Floor, Jl Lapangan
Banteng Timur 2-4
Jakarta Pusat 10710
Timetable
Concept Clearance -
Fact Finding 26 Feb 2018 to 06 Mar 2018
MRM 13 Apr 2018
Approval 08 Jun 2018
Last Review Mission -
Last PDS Update 28 Sep 2018

Loan 3670-INO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Jun 2018 06 Jul 2018 28 Aug 2018 30 Jun 2019 - 31 Dec 2018
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 739.02 Cumulative Contract Awards
ADB 500.00 08 Jun 2018 500.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 239.02 08 Jun 2018 500.00 0.00 100%

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Safeguard Documents See also: Safeguards

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None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.